TOM, Euronext lock horns over options report

The Order Machine commissioned report on pricing in the Dutch options market

Dutch market The Order Machine (TOM) and
its exchange rival Euronext have again locked horns over
pricing, after a report on the Dutch options market said TOM
offers the best prices but Euronext responded by questioning
its findings.

The report from research firm Markit said:
"It was found that TOM was the exchange where the best
available price and exclusive best price was present most often
and that TOM was also the exchange with the highest number of
underlying securities where the best price was provided most
frequently."

TOM said "equity options on TOM offer the
most favourable quotes 76% of the time on average during the
trading day, versus Euronext 73% and Eurex 34%".